Common use of Covenant of Buyer Prior to the Closing Clause in Contracts

Covenant of Buyer Prior to the Closing. The Buyer hereby agrees and covenants that during the period of time after the date of the Agreement and prior to the Closing Date, Buyer shall, in respect of the Shares to be transferred on the Closing Date, take, or cause to be taken, all necessary partnership action, steps and proceedings to approve or authorize validly and effectively the purchase and sale of the Shares and the execution and delivery of this Agreement and the other agreements and documents contemplated hereby.

Appears in 5 contracts

Samples: Purchase, Sale and Contribution Agreement, Fsru Lease Agreement, Purchase, Sale and Contribution Agreement (Golar LNG LTD)

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Covenant of Buyer Prior to the Closing. The Buyer hereby agrees and covenants that during the period of time after the date of the Agreement and prior to the Closing Date, Buyer shall, in respect of the Shares to be transferred on the Closing Date, take, or cause to be taken, all necessary partnership limited liability company action, steps and proceedings to approve or authorize validly and effectively the purchase and sale of the Shares and the execution and delivery of this Agreement and the other agreements and documents contemplated hereby.

Appears in 3 contracts

Samples: Purchase and Sale Agreement (Golar LNG LTD), Purchase and Sale Agreement (Golar LNG Partners LP), Purchase and Sale Agreement

Covenant of Buyer Prior to the Closing. The To the extent not completed prior to the date hereof, Buyer hereby agrees and covenants that during the period of time after the date of the Agreement and prior to the Closing Date, Buyer shall, in respect of the Shares Units to be transferred on the Closing Date, take, or cause to be taken, all necessary partnership limited liability company action, steps and proceedings to approve or authorize validly and effectively the purchase and sale of the Shares Units and the execution and delivery of this Agreement and the other agreements and documents contemplated hereby.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Golar LNG LTD), Purchase and Sale Agreement (Golar LNG Partners LP)

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Covenant of Buyer Prior to the Closing. The Buyer hereby agrees and covenants that during the period of time after the date of the Agreement and prior to the Closing Date, Buyer shall, in respect of the Shares to be transferred on US 3181836v.1 the Closing Date, take, or cause to be taken, all necessary partnership action, steps and proceedings to approve or authorize validly and effectively the purchase and sale of the Shares and the execution and delivery of this Agreement and the other agreements and documents contemplated hereby.

Appears in 1 contract

Samples: Purchase, Sale and Contribution Agreement (Golar LNG LTD)

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